USDC

_BannedAcctSpeedrun_

$5k in USDC for 4.10% APY is the only sure bet on that coinbase.

ronchon

DAI stopped being decentralized long time ago. Last I checked it was pretty much just USDC with extra steps and risks.

partymsl

Tbh, USDC could do the same. I am pretty sure nearly all stablecoins can do that. So anyone holding stablecoins is at their own fault.

JayHent1664

World Liberty Financial Portfolio: - 57.22% ETH - 18.93% WBTC - 13% USDC - 3.78% USDT - 3.37% TRX - 3.69% Other Assets We are simply not bullish enough in Defi.

ristoman

The only reason I keep CDC around is because the card topping up process is so smooth. Dump USDC on it and buy trivial stuff on Steam and the like. If there was a better option that works in Europe I'd run so fast I'd have flames shooting out of my ass

SolanaNewsAgent

Nearly 99 percent of SOLANA MEME are a scam, some can go up to 10M and drop back to zero and never to come back again, this is happing more than often with Pump MEME.  LFG tokens, give you free USDC, every time a person buy or sells, you can see your USDC in the wallet without doing anything else. Legit SOLANA project Lightning-Fast Gains tokens is in consolidation mode, soon a take-off. The more tokens you, hold the more USDC you earn, Free USDC can be swapped for solana

sargsauce

Was that the list that was circulating a day or two ago? Did that have any sources or was it made up? USDC guy fell off the list, too.

HSuke

I've developed using Circle API before. In order to mint USDC, you have to deposit more cash than the mint amount, and then use their API to mint the tokens. So anyone can mint, but it's not free money. They're also under legal regulations in both the US and the EU, so it's not like Circle can do it either.

nachopc

Happened to me on another platform Kept hammering their CS until they added the token I needed (I sent USDC (SOL) to my sol wallet but they only had USDC (eth)) They can probably send it back to you (or you can just wait and pray they add it)

ieatvegans

I don't know if this helps, but the wolf of all streets posted this on twitter:  World Liberty Financial Portfolio: - 57.22% ETH - 18.93% WBTC - 13% USDC - 3.78% USDT - 3.37% TRX - 3.69% Other Assets

HSuke

> Crypto: everyone can print money Awesome. Could you please help me print some SOL, ETH, and USDC?

ThinNeighborhood2276

Interoperability is indeed a significant challenge. USDT on Lightning could be a game-changer if it gains traction. As for Circle, it would be interesting to see if they adopt a similar approach to enhance USDC's utility.

changsheng12

> Also, since I transferred the money to my spot wallet and changed it from USDT to USDC, shouldn’t it be my funds and protected in my wallet? as long as the fund in still inside their platform, it is never yours. not your keys, not your coins

SkitzBoiz

Let's see some Withdrawl transactions, guys. From Piapp to Exchange to USDC or whatever. Prove me wrong 🤡

ThinNeighborhood2276

Consider using platforms like Circle or Coinbase that allow direct USD deposits for minting USDC. You might need to verify if they support non-US residents with a USD account.

NotMyRealDere

Depends on your needs/priorities/tradeoffs but I feel like the convenience tradeoff of using Phantom + fiat onboarding via Moonpay/Stripecrypto in Phantom might be the best solution here. Should be instantly available. Moonpay/Stripe will make you do a sub-10min KYC w/ license/ID upload (in my US experience). I believe fiat is still available onramp in UK as well, but pls DYR there. Coinbase CEX also works well in my US experience w/ instant USDC availability and withdrawal & low fees

IndependentSpeck

No centralized exchange is trustworthy in the long run. Buy from whatever exchange will sell to you legally and take it out into self-custody immediately. Then, use that in a DEX as escrow to buy more Bitcoin from now on instead. Trezor is a great wallet producer, so do get that. There is usually a spread when converting from USDC to BTC depending on what exchange you use, so I would probably try to minimize that. Also, most exchanges (both CEX and DEX) will charge you a small fee for everything including withdrawals and trades. So do think carefully every time you're about to make a move financially. That's all I can say, the rest is up to you. You can listen to me and learn how Bitcoin works and self-custody it, or not and maybe still be fine, but I would still heavily recommend at least trying to do what I've said here for your benefit.

GavelGaffle

[Binance.us](http://Binance.us) has no fee for USDC<->BTC (everything else has normal fees) Coinbase. $30 covers the fees for your first 10k of trading each month.

No-Recipe-4578

You can borrow USDT or USDC with your BTC as collateral and buy more BTC (annual interest is about 6%)

AmaruUygun

I’ve been using crypto.com, buying USDC with my Canadian fiat, transferring to their exchange to buy coins and it seems the fees are pretty low. The CRO stuff is scary tho, where would I move my portfolio that would work with comparable low fees? Coinbase?

OwlPay_Wallet_Pro

Hey! I’m from the OwlPay Wallet Pro team, and while we don’t trade LTC or BTC directly, I wanted to share a potential workaround that might help! If you’re open to an extra step, converting your funds to USDC first and then swapping to the crypto you need could be a way to reduce fees. It takes a little more effort, but OwlPay provides a lower-cost way to move into USDC, and from there, you can swap into LTC/BTC wherever works best for you. If you’re in the U.S., you can also link your bank to OwlPay for an easy on/off-ramp, so moving funds in and out is straightforward. Plus, we partner with MoneyGram, so if you ever need to cash in or out of USDC, that’s an option too! It may not be the perfect fit for your current flow, but if fee savings are a priority, it’s something worth considering. Hope you find the best setup—feel free to reach out if you have any questions!

DBRiMatt

Crikey! BTC is down to 135000 Dollarydoos! But hey, look at that USDC pump! +0.42% up to $1.617912 Dollarydoos!

JJ-Sivar14

Rule Number One : Never risk money you can't afford to lose. Buying a little over time on a consistent basis is way better and much safer. I started buying late 2018 every time I get paid. So far, I'm nearly 100 percent up from what I have invested. Initially, it was difficult because the amount seemed so insignificant, and the time when it would be profitable so far away. Portfolio is about 50 % Bitcoin 30 % staked on USDC And rest is Solana , Etherum I tried jumping on the meem coin hype and lost every single time so I just stick to those now. *

MrGromit

Same, I'm 100% in USDC right now.

Fritzo2162

Knowing Trumpworld, I rode the pump and sold right before the dump. The second I saw XRP dropping I knew that was the end. Had a nice 65% profit and put it all in USDC until all the dumbness goes away.

saltybawls

USDC, USDT, DAI. Wait for the next dump.

Apart_Bear_5103

USDC

Fritzo2162

Yeah, when I was getting 65% returns I cashed out and put everything in USDC to hold for a while. Not sure where this market is going but something screwy is going on.

JimCramerOurSaviour

USDC would be the safest bet

dataCollector42069

if you are not gambling, USDC

CryptoTherapie

At the moment, due to my professional projects, I no longer have liquidity to invest in the crypto market. However, sensing an interesting dip to buy, I deposited WBTC (Ethereum) on AAVE to borrow USDC and increase my WBTC position, which I then re-deposited as collateral on AAVE. It’s important to manage your position well to have a sufficiently low liquidation price for peace of mind. A great solution to strengthen your position in these conditions: use blockchain, use DeFi.

United-Sky1296

J'ai acheté le creux avec des ordres limites tous les 1000$ de mon coût moyen (98000) jusqu'à 79 000 !!! J'ai baissé mon coût moyen à 94000$ en 2 jours 😎 Assez fier de moi même s'il y a mieux ! J'avais continué des ordres limites jusque 69 000$, en diluant mes USDC entre 69 000 et 90 000! J'aurai pu faire mieux mais c'est déjà bien ... On continue !

Roland_91_

Cardano doesnt have USDC because we refuse to pay for it.

qwertydcf

Let me see quick what runs on the ETH chain: - BNB - Tether - USDC thats alrdy enough BNB is the coin of the Biggest Crypto Exchange in the world. If BNB goes down, ur trashcoin will go down with it. gl mate.

_BannedAcctSpeedrun_

And USDC is basically....?

Stupid_boner

This is Bad. Example: you borrow $100k USDC after depositing $200k in BTC. BTC crashes to $50k. The lender will first tell you to add more BTC to cover up for the difference and if you cannot, the lender will liquidate your BTC holdings and then ask you to repay back the remaining balance. So not only did you face a loss by the liquidation of your BTC holdings, you are also on the hook to pay the remaining balance. If you don’t, lender will take you to court and also expect your credit score to be fxked.

ShivaDestroyerofLies

Largely I’m just accumulating and holding right now. It’s an ERC20 so all the common smart contract and staking stuff applies. An interesting recent bit was the release of an AVAX debit card that lets you use AVAX/USDC/USDT on the avalanche chain like a debit card. Seems kinda sketchy to me but I believe the primary focus is areas where the banking systems are underdeveloped or unreliable. The biggest factor in my mind though is the creation of various customizable subnets. This enables projects or companies to use Avalanche to quickly create their own mini blockchains with their desired settings. Several companies such as JP Morgan & Deloitte are already taking advantage of this and the state of California has plans to use Avalanche for tokenization of vehicle registration for example.

Kathode72

USDC

edmundedgar

BTC is a greater fool game where the expected return for the average investor is mathematically guaranteed to be negative. ETH is a productive asset with a positive expected return, because holding ETH entitles you to fees and MEV revenue from people sending each other USDC and trading pictures of monkeys (in varying proportions depending whether you choose to stake or not).

PsychologicalBit803

I agree more with this thinking. I put money daily in USDC then buy BTC when it dips a little. For me it’s “invested” daily out of my bank account so easier for me to stay disciplined. I see nothing wrong with the set it and forget DCA either. If you can time it and buy low one day and make 10% a couple days later certainly nothing wrong with that. In my mind it all stays in BTC one way or another and that’s all that matters.

offgridgecko

I really don't see the point rn as this is all in the past but if you insist... end of 2021 I had my first successful NFT launch with a company that brought in about 2mil from the sale, needless to say I had a nice payout from them as a dev and quit my day job. I was investing in all kinds of stuff. I think those drip tokens were popular at the time and I told everyone they were a sham (which they ended up being) because there's no way that 80% of the shitcoin being held could keep generating 1-5% per day unless something fishy was happening. Couple months later after playing in DeFi for a bit I noticed the general trend line from November was slowly tumbling and had done some research on all the cycles before that. Everyone on the internet seemed to be spouting this HODL nonsense and the news kept making BTC predictions extending to 2040 based off data from the current cycle. Over three months though the prices of everything was steadily going down so I bounced and started selling to safeguard my money (which I had to pay 40% SP income tax on) on top of just pulling what I needed to pay taxes and bills. Tried to warn said NFT ceo and community that Eth should be at the very least converted to USDC so that community funds wouldn't be lost. The CEO actually agreed with me but the community was FUDding the idea claiming any attempt to convert funds in the community wallet they were watching was a scam indication. Needless to say over the next 6 months they lost all the value of the community fund, co-op jobs with that community stopped coming in, and the market was pretty much ded. Then of course tether, FTX, and all that crap happened, in alignment with previous cycles it seems. Big company always seems to go down on the downward side. Mates and I were trying to time the bottom so we could start buying in again, money was getting harder to find so I was scraping by with dev jobs here and there but ended up losing most of the money I had pulled out for bills and paying off some other debt. Still things going well. IIRC 16000 for bitcoin we decided market had capitulated to the point we could start stacking again. My dev job downturned even more on "crypto is a scam" news so I spent about 6 months unemployed and my stack of eth dwindled a LOT. Got back on my feet at my current company and started stacking again as I could on the way back up. Friends were still holding some 4k eth they had bought but also were buying up the dip so they were getting positioned at least to take profits. Plus we made some money on memes and such with some good calls (Pepe and Pooh coin did well for us). There were a couple in the group that werent, but by the time BTC hit 60k I was still calling it a good buy and the stragglers hopped on. At 100k, look on my long chart, bitcoin is waffling again, started exiting my Eth and Btc positions around that time, little at a time b/c it could still go up, but sooner or later I expected to see a drawdown. Got tired of the sideways movement and yeeted. I don't remember the exact news for that one just not following the trendline. By mid-Feb this year I'm out of everything, because there hasn't been a big pump like previous cycles where there should be. I actually bought some at 80k again, just a little and expected to buy yesterday at 75k but obv that didn't happen, so I'm like screw it I'm up a lil bit and don't know what it's gonna do so dumped that this morning and took my little gains on it. Right now I'm basically waiting on a heavy draw-down, at least to 70k, and then start up the DCA machine again for a while and see if it zooms back up or dies down, but either way it'll be a little every week or two after that happens. If it does zoom up I'll watch that trend-line again and hopefully take profits before the lemmings jump off the cliff again. Also kinda waiting to see which huge bank or crypto company takes a dump either this year or next. I lied a little bit, I have been building up my QRL supply because I believe in the project, but I don't have a ton of money in there. I just like what they are doing so finally started dropping some coin on it.

intelw1zard

its one of the main "features" of stable coins like USDT and USDC.

EpicMichaelFreeman

If it was my decision, no action should be taken on the 115k USDC. Make the bad actor believe no action would be taken, wait for the bad actor to try sending a much higher amount or multiple higher amounts, and freeze it at a good time to balance recovering a decent amount of the money and avoiding backlash for not acting fast enough.

partymsl

USDC can also freeze it anytime they want, they just chose not to for now. Perhaps waiting for any authorities decision.

partymsl

Nah, if they have the ability to freeze assets then there is no difference between USDC and USDT.

CriticalCobraz

Doesn't this mean USDT is just centralized if it can be easily/fast freezed compared to USDC?

Rizzguru

Take out USDC loans to buy even more BTC = money glitch

jawni

Failed transactions are a feature, not a bug. Dropped transactions are another story. [Here are some excerpts from a very informative post on X](https://x.com/tamgros/status/1776396573393527253?lang=en): >Recently, there has been a spat of “failed” transactions on blockchain networks. The word “failure,” in particular, seems to be causing some confusion. When a transaction fails on a network like Solana, it’s not necessarily a bad thing. In fact, it means that the network is operating as it should. **A failed transaction isn’t a bug – it’s a feature of user protection. When a transaction fails, the network is protecting consumers and users by checking the conditions of a transaction. Some of these conditions include “Did the owner provide an accurate signature?”, “Does the owner have the assets required in the transaction?” and “Is a token swap available at the expected price?”** >**In other words, a transaction failure is an application level functionality. It’s not the protocol being unable to process the logic or load. A failed transaction is processed as expected, and the transaction fee is paid.** >Here’s how you can distinguish transaction results: >1) Executed - the transaction that is included in a block, and pays a fee. It has two sub cases >1.a) Executed Successful - The execution returns no error >1.b )Executed but Failed - A transaction whose execution returns errors. The conditions may not have been met, like a mint you’re trying to buy is sold out. >2) Dropped - A transaction that was not included in a block for any reason. This is the main type that is causing bad user experience on Solana today. --- >As you can see in this dashboard, as of this writing, +80% of failed transactions come from error code 0x1771, the code for exceeding slippage amount. https://flipsidecrypto.xyz/zapokorny/q/18zuYlugBdcm/solana-failed-txs-by-program --- >When making a trade, a user may not want to make the trade if it would execute too far from the price that was estimated when the user initiated the transaction. If I have 10 USDC and want to exchange it for 10 USDT, I may want to set the swap to not execute if it only gives me 9.70 USDT. Luckily I can do just that – a user can set a transaction such that the aggregator searches for combinations and if the price “slips” too much from the 10 USDT, the trade won’t happen. Just like the example of trying to send 10 USDC that a user doesn’t have, if the price moves beyond the slippage set by the user, the conditions aren’t met and it results in a transaction executed but failed. Again, this transaction is correctly processed by the network and pays a fee, but the USDC/USDT token swap does not take place.

jawni

Failed transactions are a feature, not a bug. Dropped transactions are another story. [Here are some excerpts from a very informative post on X](https://x.com/tamgros/status/1776396573393527253?lang=en): >Recently, there has been a spat of “failed” transactions on blockchain networks. The word “failure,” in particular, seems to be causing some confusion. When a transaction fails on a network like Solana, it’s not necessarily a bad thing. In fact, it means that the network is operating as it should. **A failed transaction isn’t a bug – it’s a feature of user protection. When a transaction fails, the network is protecting consumers and users by checking the conditions of a transaction. Some of these conditions include “Did the owner provide an accurate signature?”, “Does the owner have the assets required in the transaction?” and “Is a token swap available at the expected price?”** >**In other words, a transaction failure is an application level functionality. It’s not the protocol being unable to process the logic or load. A failed transaction is processed as expected, and the transaction fee is paid.** >Here’s how you can distinguish transaction results: >1) Executed - the transaction that is included in a block, and pays a fee. It has two sub cases >1.a) Executed Successful - The execution returns no error >1.b )Executed but Failed - A transaction whose execution returns errors. The conditions may not have been met, like a mint you’re trying to buy is sold out. >2) Dropped - A transaction that was not included in a block for any reason. This is the main type that is causing bad user experience on Solana today. --- >As you can see in this dashboard, as of this writing, +80% of failed transactions come from error code 0x1771, the code for exceeding slippage amount. https://flipsidecrypto.xyz/zapokorny/q/18zuYlugBdcm/solana-failed-txs-by-program --- >When making a trade, a user may not want to make the trade if it would execute too far from the price that was estimated when the user initiated the transaction. If I have 10 USDC and want to exchange it for 10 USDT, I may want to set the swap to not execute if it only gives me 9.70 USDT. Luckily I can do just that – a user can set a transaction such that the aggregator searches for combinations and if the price “slips” too much from the 10 USDT, the trade won’t happen. Just like the example of trying to send 10 USDC that a user doesn’t have, if the price moves beyond the slippage set by the user, the conditions aren’t met and it results in a transaction executed but failed. Again, this transaction is correctly processed by the network and pays a fee, but the USDC/USDT token swap does not take place.

jawni

>But what have they built on these trash chains, except scams and grifts? Well this is just an assortment of some of the stuff on Solana: Payments * Partnerships with the biggest payment providers in the world like Visa, Shopify, Worldpay, Stripe, and Paypal * Stablecoin supply growing fast and at an ATH * Great payment apps like Code, Sphere, Caffeine * Solcard, Solswipe, Quartz and Sanctum all launching SOL debit cards Protocol * New client Firedancer in the works and close to completion, partial version "FrankenDancer" already on mainnet. * SIMD228 proposing a inflation rate based on staking rates which would drop inflation to under 1% at current rates and 0% at it's lowest. * Addition of token extensions and zk-compression allows for more unique tokenization. * Onchain revenue massively outpacing the entire industry DeFi * DEXs: Jupiter, Raydium, Orca, Meteora, Lifinity, Pumpfun * Perps: Drift, Zeta, Adrena, Flashtrade * Trading Bots: Bullx, Photon, GMGN, Trojan, Bonkbot, Maestro, MEVX * Money Markets: Kamino, Save, MarginFi, Port Finance * Infra: Heliopay, Jito, DeBridge, Wormhole * Wallets: Phantom, Backpack, Solflare * Social Trading Apps: Vector.fun, Bags, Moonshot RWA * Ondo Finance: Launched USDY on Solana, a stablecoin offering 5.2% APY backed by US Treasury Bills and bank deposits, integrated with various Solana DeFi protocols * Franklin Templeton added Solana to the blockchains supporting trading of its onchain U.S. Government Money Market Fund (FOBXX). * Homebase: Tokenizes real estate for fractional ownership; launched in 2021, facilitated global investments. * Parcl: Tokenizes real estate for liquidity; launched, partnered with real estate firms, successful projects. DePIN * Helium: A decentralized wireless network; launched in 2019, covers large areas, adopted by companies. * Hivemapper: A mapping platform with user-collected data; launched in 2022, comprehensive database. * Render Network: A GPU rendering platform; migrated to Solana in 2023, large network for computing. * Grass: A decentralized data storage platform; launched, attracts users for secure hosting. * GEODNET: transforming global positioning services by building a decentralized Real-Time Kinematics (RTK) network that delivers precise, cost-effective corrections for GPS * [This report shows just how staggering Solana's lead is when it comes to DePIN](https://messari.io/report-pdf/9de6bbfaa6ad1a782fd94f70a6e8385f569689f7.pdf) AI * Nosana: A GPU grid for AI inference on Solana; launched, network of providers and developers. * Render Network: Supports AI via decentralized GPU rendering; migrated to Solana in 2023, used for AI tasks. * SendAI: Provides tools for AI agents on Solana; launched, adopted by projects for dApps. * ZerePy/AI16Z/ElizaOS/Virtuals: The most popular frameworks for AI agents all available on Solana * Solana constantly leading in AI mindshare via Cookie.fun SocialFi * timedotfun: This platform introduces time-based assets, allows users to sell, trade, and redeem time with others. It stands out by redefining fan engagement, enabling time-based smart contracts for personalized interactions, and creating a liquid market for time as an asset3. * Moonwalk Fitness: a fitness accountability app that combines daily step goals with financial incentives. Users can join or create a crew, set a daily step target, and stake their crypto like USDC, SOL, or BONK. Achieving goals protects your deposit, while failing leads to a forfeiture of a portion of your stake. * Drip Haus: A collectibles platform that airdrops free NFTs to thousands of users, peaking at 160,000 users.

csfrayer

The SEC doesn't oversee banks. Banks derisked because it's their right to do so as private businesses. Probably wise given that in 2023 the three banks most closely associated with crypto - SVB, Signature, and Silvergate - failed. USDC got a bailout. If I were a bank I wouldn't want that risk on my balance sheet either.

watch-nerd

Oh, I took a bunch of profit Nov-Dec. Ultimately went to 50% USDC by Jan. 2/3 of that USDC I cashed out to repurpose to other assets. The remaining 1/3 will be dry powder to buy in again in the deep bear.

FTuno

USDC to $5

Milan_dr

**NanoGPT lets anyone can access GPT 4.5, Claude 3.7 Sonnet, Perplexity Deep Research + a bunch of other (also uncensored) models on a pay-per-use basis. Deposit with crypto for full privacy, we store nothing. Sending out prefunded accounts to try it out.** Minimum deposit is just $0.10, we would say that for the crypto we support we have the best possible payment integration. We support: - Nano - Monero - Solana (plus all Solana tokens, finally some use for those memecoins) - Ethereum (plus Base, Optimism, Polygon, Arbitrum) - USDC and USDT on many chains - Bitcoin and its more payment-friendly forks (Litecoin, Bitcoin Cash, Dogecoin, Dash) - Banano (Nano's memecoin brother) - Binance Pay - Coinbase Wallet - Every other crypto via swap, but then receiving takes longer Our list of models is genuinely too big to list (100+, every model you can think of), we have image generation via Recraft, Flux, Ideogram, Dall-E, Playground etc, some NSFW stuff if that's your thing, a Shorts Generator, and perhaps most magically **you can access GPT 4.5 which is normally locked behind a $200 subscription**. All of our models can be web enabled so they're fully up to date (they use Google, essentially), all support file upload, most support image upload. We have an OpenAI compatible API which people are using for on-chain bots, an auto model for those that just want to always use the best model, and a ton of other neat features. The online capabilities can be even be appended to models via API, just append :online (for standard) or :online/linkup-deep for a deeper web search. **Privacy** We do not store any prompts, any conversations or any identifiable information about you. Our service can even be used without an account, and paying in crypto means no payment information given. Your conversation history is stored only locally on your device, which has the downside that when you switch devices you can't access past chats but does give you full control. If you clear your cache or delete individual conversations they're literally gone. We never store them. **Try it out for free** I'd love for people to try depositing $0.10 in your crypto of choice so you can give feedback on our payment flow. If we can improve anything we'd love to hear, but also we know of quite some people that use our platform as a demonstration of how easy payments using their crypto work. Alternatively if your Reddit account looks legit **I'll send an invite to a pre-funded account so you can try out the full suite of models without any strings attached.** Obviously open to any questions! Also, fun fact: we're also in the r/cc Telegram chat, our image generation models are used a ton there.

DavidCryptoCPA

David, CPA from CoinTracker here. If you sell or trade a short-term crypto holding (trading it for another coin / token, a stablecoin like USDT or USDC, or fiat), this is considered a taxable event by the IRS, and you’ll trigger short-term capital gains tax based on the gain at the time of the trade. To qualify for long-term capital gains tax rates, you need to hold the same asset for more than a year. If you sell or trade into anything, you have a taxable event that needs to be reported, the holding period resets, and you’d need to hold the newly acquired asset for a year to potentially benefit from long-term capital gains rates on any future gains. Let me know if you need more guidance.

Background_Home7092

Lark Davis's newsletter today raised a really good point: >This is the total stablecoin market cap. Tether, USDC, DAI, all of it. We hit an ATH of $226B, on Feb. 21st. And where are we now, after this major market correction? $224B. Yes, you read that correctly. We had this big downwards move, and only $2B in stables were redeemed for fiat. That’s nothing. Less than 1% of stablecoins were cashed out in this correction, so people are sitting on the sidelines ready to jump back in once we find support. This run is FAR from over.

Gamer_Grease

Absolutely no way tether is 1:1 lol. Didn’t know that about USDC. As I understand it, USDC is best positioned to succeed under these new rules. The gold standard wasn’t overtly limiting to growth. You can just have technology and growth-driven deflation over time. The problem with the gold standard is that a) democracies are kryptonite to hard money standards, b) states wanted to fight bigger and more destructive wars than they could pay for with gold, and c) states wanted monetary sovereignty so they could avert economic disasters.

ecrane2018

USDC is 1:1 and tether claims they are 1:1 in US Dollars or dollar equivalents. If you want to see what happens to a stable coin with no backing just look at Luna. You realize that’s why we switched off the gold standard because it’s limiting to growth and hard to maintain even 40% reserves. With the tools available you should be able to main 1:1 with cash or equivalents.

A_Birde

All in on USDC by selling all my other crypto, got it

shiftybyte

About time!! USDC to the moon!! I predict USDC to reach $10 within 2025!

RoosterTail99

Upset I missed 82. While I hate CB, thinking it makes sense in this market to sit in USDC with open limit order to buy up a dip.

watch-nerd

The stable coin emphasis by the US government digital task forces is mean to undermine Tether in favor of US-domiciled stable coins like USDC. Notes: \--If you're in the US, you might not want to hold Tether \--Congress may order an audit of Tether and who knows what skeletons that will find \--Tether's ability to pump BTC price may be gimped

jmay111

USDC

Capsized824

Anyone ever login to exchange to have 2B after just cashing out USDC?! Because the WW or wacky whale is the biggest cryptocurrency ever. Anybody else ever see this?!

LoTheReaper

The ONLY thing I interact with, is [LFJ.GG](http://LFJ.GG) for their AVAX/USDC pool.

LoTheReaper

The only website I regularly interact with is [LFJ.GG](http://LFJ.GG) to use their pool for AVAX/USDC. I'm never interacted with an airdrop. I never interact with random deposits of anything.

btc4life45

Thank you, this is helpful. If using an exchange service to convert to USDT or USDC (which is likely to be the reality in the future as opposed to paying directly with BTC) then the solicitor or car salesman wouldn't know the size of the UTXO.

kcaazar

My question is: how do people without Coinbase convert USD to USDC? Robinhood?

kcaazar

How do you get convert USD to USDC in the US?

Lillica_Golden_SHIB

I'm happy with my USDC, tks

zooka19

Is it always best to have USDC on ETH network? Wanna park some there til I buy more of BTC or BNB

CasualDrugAbuser

thanks, I bought fiat euro and sent there via SEPA, then converted to USDC. tyvm again, it is most efficient way to buy stables I used yet :)

namkeen_lassi

USDC to the moon!

Fritzo2162

I SODL my XRP at 2.78 and moved it USDC for a bit. Rebought at 2.06. Lucky I guess.

watch-nerd

BTC has been in a down trend since Jan 20, alts topped in Nov-Dec (which I've been saying for a while). Every time I say this, some ding dong holding a bag of hobo dicks says 'zoom out' or 'buut cycle theory' and down votes. I moved to over >40% USDC a while back.

Kehmor

Depends what they mean. When I hold stables (such as now) I generally whack them in a liquidity pool (USDT and USDC) and farm whatever random DEFI coin is being used to encourage liquidity -getting "30%" which may well end up being lower if the reward token tanks, but seems unlikely either of those stables will go to zero.

FiatFree

And USDC, the ones that have not cheated me

Kidatsfresh

4% APY on USDC looking juicy now...

glitter_my_dongle

No they have a liquidity algorithm that basically manipulates the markets in their favor. Like imagine Uniswap and you get to trade at the best price because the pool USDC and ETH has the cheapest price possible. Now what Citadel has done is figured out how to have their routing mechanism instead move their pools to where they can skim the prices and in a lot of ways rig it. They then can cause a liquidity manipulation of it by having all downward pressure go through Ethereum to artificially create selling pressure. Leaving coinbase and bina ce is key here. This sucks.

frozengrandmatetris

here we go again. this is one of the practiced arguments. the developers attempted to min/max for UX by lazily cutting every other corner possible. your validators all have to store redundant copies of 50 terabytes of trash every month and archive it to google cloud infrastructure (yes, really!!) because the solana developers were too lazy and impatient to do any layered architecture. they just did gigablocks and crossed their fingers. it's stupid and suicidal. and this approach still doesn't work. the last time I send USDC on solana it cost several times more than what it would have cost on arbitrum or base, not including the first attempt that failed. I've had more failed transactions on solana, just doing mundane things like sending a stablecoin from one account to another, than on any other network. it's not the best user experience and you're lying. solana is not soaking up any existing defi outside of stupid worthless memecoins. it's all new people who want to come in and gamble. that's all there is on there.

The_Wettest_Drought

Bullish on USDC.

The_Wettest_Drought

Going long on USDC.

Worth_Tip_7894

Well, it's not really the same thing is it. USDC/EURC you have to hope some banker somewhere hasn't spunked the reserve on hookers and blow. Utterly useless, might as well just use fiat. BTC there is no reserve. The real replacement for BTC are true decentralized algorithmic stablecoins.

devCheckingIn

USDC

coinfeeds-bot

tldr; Circle's USDC and EURC stablecoins have been approved as recognized crypto tokens by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC). This marks the first time stablecoins have been approved under DIFC's crypto token regime. Over 600 financial institutions in DIFC can now use these stablecoins for payments, treasury management, and other financial applications. Circle's approval highlights its commitment to regulatory compliance and global standards for transparency and utility. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

PavlovsBigBell

I’ve worked in the space for years and always paid in tokens. USDC/USDT is preferred but I’ve accepted dozens of other tokens. I prefer USDC because it is native on a lot of networks besides Ethereum. USDT will likely be over Ethereum, so make sure you get an extra 20 or so USDT to cover the fees. All you will need is a centralized exchange to sell it into fiat and withdraw. You can give them your exchange address but it may also be worth investing in a ledger. Besides this, being paid in crypto is the same as fiat. All I’ll say is be careful. Make sure they are reputable and make sure they pay you when they say.

MaximumStudent1839

> can I convert USDTs to currency Swap it to USDC whenever you can.

rationalien

There is already cross border payment rails using USDC that any company can opt into. The same can not be said about SEPA. Your argument is nonsensical.

Expert_Joke8013

On Solana I use Kamino and Save (formerly Solend). On Base i use Moonwell. I do some stable LPs on meteora Another good option is the Hyperliquid LP, there you deposit USDC into a trading vault thats doing market making on Hyperliquid. It has like 20% apy atm

Expert_Joke8013

Your best bet with stable coins is probably lending. There's many different lending platform on different chains, but at the moment the ones I use pay between 7% - 20% apy. These rates highly fluctuate and generally trend down in thw bear market as the market activity decreases. Or you can do stable LPs like USDC-USDT

MisterTrader13

Yea, Bitcoin can’t be a currency, which is why they switched to the narrative that it’s digital gold. RIPPLEUSD, XRP, USDC, USDT are much better currencies

Quibley

I guess it comes down to the philosophical underpinning of btc maxis. They believe it will eventually be a reserve currency. Altcoiners either treat it as a speculative asset or seek utility out of the project they're investing. I am certain BTC will hit a million dollars, but it will be just that- a million USD, the thing which they're supposed to be replacing. At the same time, there will be a number of projects which will 10x during that period. To get to 10x, the entire US GDP will need to be added to the cap, which requires a whole lot of QE, so the only BTC growth comes from the process they're trying to move away from... add Tether and USDC to the mix and I am not too sure what it's actually replacing.

SearchStack

I have a client that pays me in USDT and USDC and I use Kraken and Kraken Wallet super easy to send and receive

DingoSea8798

Deflationary and can lock capital in at USDC Solana burn entry point. The crypto cycle can choose to include a bank’s line of credit or the Reserve systemʼs debit leash with the snip of a leash.

rationalien

USDC on a network like Arbitrum or Optimism has significantly lower transaction costs and faster confirmation times compared to Remitly because it bypasses the traditional banking system, which is complex and cumbersome. Remitly relies on correspondent banks and currency exchange providers, incurring fees and delays at each step. L2s, however, batch multiple transactions together to drastically reduce gas fees to pennies. Since transactions occur directly between crypto wallets without intermediaries, speed is limited only by the L2’s block time (seconds), unlike Remitly’s multi-day settlement processes. This inherent efficiency makes USDC on L2s superior for cost and speed. Your turn.

Business_Accident576

Solana is way more than just a meme coin brothel It will be competing with Apple and Google for a slide of the Multi-billion dollar app-store business. It's improving its digital communication postmortem with Chapter 2 (Seeker). Second largest stable coin platform (USDC) after Circle (USDT) Being trialled for global transaction platform by VISA PayPal used Solana for it's stable coin The meme coin frenzy will not last forever - in saying that, Las Vegas is full of casinos. But you don't have to gamble if you visit one; some of the best restaurants in the US are in casinos. Nobody is forced to trade in meme coins - don't blame Solana for people's greed and stupidity

ilvstranger

And the salt: USDT & USDC is comunism at the highest level. I mean USD, which should be the same thing at this point. The things that your new president is revealing are so... interesting and also very concerning. He is trying to change the order of the world and... unfortunately he can. So, be prepared for the USDTRMP! :-) The same grain of salt...!

boomsauerkraut

Why not just use USDC, which is MICA-compliant?

Cryptocraze24

if this is your whole networth, sit on it for 15 yrs and just work. or sell 10k of your bitcoin, and buy 3.3k of ETH, 3.3k of SUI and 3.3k of XRP....reason for this is XRP, ETH, and SUI are smaller Market Caps, so it takes less money for a 100% or 1000% gain. BTC will definatly be worth ALOT in the future. but the goal is to have 1 BTC....when your XRP and ETH are about 200-300% higher, sell. convert to USDC, when SUI has hit about 400-500% sell. convert to BTC, when the bear market hits and crashes down. grab BTC while its dirt cheap. or you can slowly accumulate over the years until you have gotten 1 BBTC, the goal is atleast 1 BTC

OwlPay_Wallet_Pro

Hello, Have you considered accepting USDC as a payment option? It's a stablecoin issued by Circle, pegged 1:1 to the U.S. dollar, ensuring stability and preserving value. With OwlPay Wallet Pro, you can easily convert fiat currency into USDC. You can on-ramp using a credit card, wire transfer, or even cash at select MoneyGram locations, enabling instant transfers. Plus, you can receive USDC payments from others through OwlPay Wallet Pro and cash out in local currency at participating MoneyGram locations. Let me know your thoughts😊